The impact of food and economic crises on diet and nutrition
Abstract Skyrocketing staple food prices in combination with falling incomes around the world raised serious concerns among policy makers, media and the public at large over the past few years. We rigorously explore the dietary and nutritional implications of such shocks in a before, during and after manner. We find not only a tendency of households to reallocate their consumption baskets during a crisis, but also a dramatic change in the income and price elasticities of demand for both food and nutrients. Our results challenge the implicit assumption of relatively low and invariable price and income elasticities of demand for food and nutrition in the existing literature and have potentially important policy implications.
|Date of creation:||2012|
|Date of revision:|
|Contact details of provider:|| Postal: Humanities Bridgeford Street, Oxford Road,Manchester, M13 9PL|
Phone: +44(0)7717 881567
Web page: http://www.gdi.manchester.ac.uk/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Preston, Ian & Laisney, François & Crawford, Ian A., 2002.
"Estimation of Household Demand Systems with Theoretically Compatible Engel Curves and Unit Value Specifications,"
ZEW Discussion Papers
97-06 [rev.], ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Crawford, Ian & Laisney, Francois & Preston, Ian, 2003. "Estimation of household demand systems with theoretically compatible Engel curves and unit value specifications," Journal of Econometrics, Elsevier, vol. 114(2), pages 221-241, June.
- Ian Crawford & Francois Laisney & Ian Preston, 2002. "Estimation of household demand systems with theoretically compatible Engel curves and unit value specifications," IFS Working Papers W02/17, Institute for Fiscal Studies.
- Ecker, Olivier & Qaim, Matin, 2011. "Analyzing Nutritional Impacts of Policies: An Empirical Study for Malawi," World Development, Elsevier, vol. 39(3), pages 412-428, March.
- Diagana, Bocar & Akindes, Francis & Savadogo, Kimseyinga & Reardon, Thomas & Staatz, John, 1999. "Effects of the CFA franc devaluation on urban food consumption in West Africa: overview and cross-country comparisons," Food Policy, Elsevier, vol. 24(5), pages 465-478, October.
- Steven Stillman & Duncan Thomas, 2008. "Nutritional Status During an Economic Crisis: Evidence from Russia," Economic Journal, Royal Economic Society, vol. 118(531), pages 1385-1417, 08.
- Kodde, D A & Palm, Franz C & Pfann, G A, 1990. "Asymptotic Least-Squares Estimation Efficiency Considerations and Applications," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 5(3), pages 229-43, July-Sept.
- Kuo S. Huang, 1996. "Nutrient Elasticities in a Complete Food Demand System," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(1), pages 21-29.
- McKelvey, Christopher, 2011. "Price, unit value, and quality demanded," Journal of Development Economics, Elsevier, vol. 95(2), pages 157-169, July.
When requesting a correction, please mention this item's handle: RePEc:bwp:bwppap:17512. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rowena Harding)
If references are entirely missing, you can add them using this form.